Chapter 64: The Ming Dynasty was so powerful, why did it choose silver as its currency?
When Chen Han said this, Zhu Yuanzhang, Zhu Biao and his son were very excited.
Because I heard Chen Han say that the Ming Dynasty actually had the same hegemonic status as the so-called United States in later generations.
That is to say, the Ming Dynasty should also be able to find a world currency that monopolizes the world just like the US dollar that Chen Han just mentioned.
In other words, the Ming Dynasty still has great potential.
Chen Han said, "Would you like to explain what the Ming Dynasty chose as its currency anchor? We can still compare it with the currency anchors that New China chose during its development over the years."
As he spoke, he couldn't help but feel very proud in his heart.
"The village chief can say this, although we are always talking about the Ming Dynasty, and we are always talking about how good here is in the Ming Dynasty, but when it comes to comparing it with our New China, it is simply compared to the brilliance of the stars and the bright moon. , not worth mentioning.
Of course, saying this is not to deny the Ming Dynasty, but to tell ourselves that we must not feel that our country is not good. We are just in the midst of blessings and do not know how blessed we are.
Only when you go out, you will find that in your eyes this is not good and that is not good, home is the real warm harbor. "
After Chen Han said this, he also smiled, "Of course this is a tangent, let's get back to the topic.
When it comes to the anchor of the RMB, there is a lot to say.
The anchor of the RMB is actually the wealth of the Chinese people.
RMB is a credit currency, but this credit is not a fictitious term. It is issued with real wealth as collateral.
This wealth includes government bonds, corporate fixed assets, shares, intellectual property, residents' real estate, etc. These assets are real wealth.
The reason why RMB can be issued is because it is supported by these specific wealth.
It should be said that this road was formed after a long period of exploration.
Because the possible anchor of the RMB, in the first stage, from the founding of the People's Republic of China to the period before reform and opening up, was gold;
In the second stage, from the reform and opening up to the 90s and [-]s, the anchor of the RMB is likely to be the US dollar; In the third stage, which is now, the anchor of the RMB has become the wealth of the entire nation.
Because we found that China has a unique advantage in this aspect for two reasons.
First, my country is the world’s largest industrial and commodity manufacturing country, and it is also the world’s largest trade exporter;
Second, our country is also the second largest economy in the world.
With these as the basis, why should the RMB be anchored on rigid gold, silver and oil?
Or even put it on top of the . dollars that harvest the world at every turn?
To put it bluntly, the anchor of our RMB is the great rejuvenation of the Chinese nation and the future and destiny of the Chinese nation.
And isn’t such an anchor more stable than the . dollar, gold, and silver? "
When Chen Han finished saying this, Zhu Yuanzhang and Zhu Biao felt inexplicably a surge of blood in their chests.
The country established by the descendants of later generations was indeed much stronger in this regard than the Ming Dynasty.
Not to mention other things, just talking about currency alone is beyond them by an unknown yearn for it in their hearts.
And then they wanted to hear Chen Han explain how the Ming Dynasty could achieve this step.
If it can really be anchored by the court's credit like the RMB.
Then the Ming Dynasty would not be reduced to treating stones like silver as treasures.
Even at this time, Zhu Yuanzhang and Zhu Biao and his son could understand it.
Chen Han talked about the exploration process of currency development in later generations after the founding of New China.
Relatively speaking, the Ming Dynasty should follow this path.
As Chen Han said, the Ming Dynasty had the largest territory, the largest population, the most developed technology, and the largest trade volume.
So why does a great country like Huanghuang actually use silver produced in other countries as an anchor? I can use silver as a toy, play jewelry, or play with utensils, that's fine.
Why should it be used as a country’s currency? At this time, Chen Han also raised his voice and said, "Actually, village chief, can you understand what I just said?"
Ling Han nodded, "Teacher Xiao Chen, you are using this analogy to tell us that the Ming Dynasty can also anchor the issuance of currency with the properties of the Ming Dynasty. In this way, it can issue a set of currency, and others can't. Currency that cannot participate.”
Chen Han nodded and said, "I really didn't expect you to be someone who can draw inferences from one instance to another. That's true.
Like New China, the position occupied by the Ming Dynasty in that era was completely comparable to that of the United States today, and could even be said to be a little more extreme.
Because the GDP of the Ming Dynasty at that time, that is to say, the production output value of the entire Ming Dynasty accounted for more than of the world's total.
Looking at modern countries, no country has such a strong GDP performance.
Not to mention the Ming Dynasty, which had a vast territory, a large population, rich resources, advanced science and technology, a prosperous cultural undertaking, and a leading handicraft industry.
All these gave the Ming Dynasty the capital to be proud of the world at that time. With such capital, it had to anchor its currency in silver, which in itself was a step backwards.
Such a powerful Ming Dynasty should be open to all rivers and should improve the happiness of the people of the Ming Dynasty. How could it be reduced to those countries that control the origin of silver and replace the Ming Dynasty's sons with piles of broken stones? A country where the people's hard work produces silk, porcelain, tea and other good things.
Why should they enjoy it?It is the people of the Ming Dynasty who should enjoy these.
The hard-working people of the Ming Dynasty should be allowed to have time to sit down and drink tea, admire porcelain, and wear silk and satin.
They should not be allowed to face the loess and turn their backs to the sky, making wedding dresses for others after working hard. "
Chen Han was very excited when he said this, because he liked the Ming Dynasty, so he felt more and more, how could the Ming Dynasty, which occupied the leading position in the world at that time, sink to that level? How can a mere silver be monopolized?
How could Baiyin be harmed like that?
At that time, the Ming Dynasty had not yet gone into decline. It had not yet reached the level of the late Qing Dynasty when it was forced to open up the country.
If someone traveled through time and told the Ming Dynasty not to be controlled by silver and to have its own credit currency, that should be able to continue the glory of the Ming Dynasty again...
Please read!
(End of this chapter)